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Coronavirus: MPI to return $110M to policy holders

Manitoba Public Insurance building in Winnipeg. Shane Gibson/Global News

Manitoba Public Insurance will be returning $110 million to policy holders.

Crown Services Minister Jeff Wharton made the announcement Thursday morning.

“Rebates will be based on what policy holders paid last year and expected to be around 11 per cent, or between $140 to $160,” said the province in a statement.

“Policyholders can expect a rebate cheque at the end of May to early June.”

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The surplus is due to the fact there have been fewer claims during the novel coronavirus pandemic, said Wharton, combined with “strong year-end financial results.”

The Public Utilities Board still needs to approve the rebate.

Asked about more crown corporation layoffs, Wharton demurred.

The province has asked government workers and crown corporations to consider a shorter work week instead of layoffs. They are currently talking to local unions about the idea now, but no more information has been forthcoming.

Wharton said the rebate has nothing to do with possible payroll savings due to layoffs.

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The number of cases in Manitoba stands at 257. Six people have died. Seven people are in hospital, with three in ICU, 154 people are recovered and there are 97 active cases.

Questions about COVID-19? Here are some things you need to know:

Health officials caution against all international travel. Returning travellers are legally obligated to self-isolate for 14 days, beginning March 26, in case they develop symptoms and to prevent spreading the virus to others. Some provinces and territories have also implemented additional recommendations or enforcement measures to ensure those returning to the area self-isolate.

Symptoms can include fever, cough and difficulty breathing — very similar to a cold or flu. Some people can develop a more severe illness. People most at risk of this include older adults and people with severe chronic medical conditions like heart, lung or kidney disease. If you develop symptoms, contact public health authorities.

To prevent the virus from spreading, experts recommend frequent handwashing and coughing into your sleeve. They also recommend minimizing contact with others, staying home as much as possible and maintaining a distance of two metres from other people if you go out.

For full COVID-19 coverage from Global News, click here.

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